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Andrew Menaker Trading Psychology
Started:November 23rd, 2012 (07:39 AM) by futuretrader Views / Replies:4,003 / 20
Last Reply:August 31st, 2016 (12:28 PM) Attachments:0

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Andrew Menaker Trading Psychology

Old August 31st, 2016, 12:28 PM   #21 (permalink)
Elite Member
Vancouver, Canada
Futures Experience: Intermediate
Platform: Ninjatrader, Sierra Chart
Broker/Data: Ninjatrader Continuum
Favorite Futures: CL, ES, ZB
Posts: 83 since Apr 2014
Thanks: 228 given, 41 received

DarkPoolTrading View Post
Yes I did the course. It was excellent with a lot of material. It's the kind of course which you can refer back to over and over again, taking little bits from it each time. There are a lot of different techniques discussed, so there may be some things which appeal more than others,...which is the whole point.

I would target this course at people who:
- Have a proven edge in the market
- Have a detailed trading plan which for whatever reason, you battle to follow

All the psychology in the world is not going to help if you don't already have an edge that you know has a positive expectancy over time. If you're still trying to figure out a methodology, or if you're not completely sure that your methodology has an edge then rather put this course on hold. Dr.Menaker mentions this himself a few times in the course. His focus is on remaining true to your methodology,....but you have to have a methodology first.

One more thing, the course is long and it's not something which you can just go through once and all of a sudden you're a rock star trader. It requires hard work and effort to implement the techniques.

So to cut it short,....yes the course is good

Glad you liked the Advanced Course. I am just looking at his basic course and I'm not very impressed. There isn't a whole lot in there. I may consider getting the Advanced one.

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